Despite recent reports that apartment seekers will pay more to be within a quarter mile of a light rail stop, real estate experts say the issue is more complex for Littleton.
In recent years at least two luxury residential complexes have been built in downtown Littleton: Alexan Downtown Littleton and Nevada Place. Both boast proximity to the downtown light rail stop as an amenity.
For Jonathan Miller, a developer with Camelback Development, which is overseeing the Nevada Place project, light rail proximity was a major factor in choosing the location on Nevada Street.
“It was a huge factor in our decision,” Miller said. “That was absolutely a consideration because we believe it’s a lifestyle decision to be able to leave your car in the garage.”
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